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was billed as the national day of service, something president obama started four years ago. it's a pay to volunteerism and the spirit of giving back. there was a big event here in washington today and others around the country. nbc's ron mott covered it for us, he covers it from lafayette park across the street from me. >> reporter: monday is also the inauguration and the king holiday, not so overshadow the significance of all he accomplished for the united states the president kicked off his inaugural festivities by honoring mlk. two days before the eyes of the world are focused on him, today president obama sought to fix the country's collective gaze on martin luther king jr.'s legacy on this national day of service, sprucing up a washington elementary school with the first family, while the vice president and his family helped load goodies bound for fighting service members, veterans and first responders. >> i'm always reminded that he said, everybody wants to be first, everybody wants to be a drum major, but if you're going to be a drum major, be a drum major for service, be a drum
in the next term. this is the official portrait of president obama from four years ago. here is the new one. sure, he doesn't look quite as young but clearly he on theed to go a much more cheerful route this time around. >>> up next, as president obama prepares for a second term, which way is the democratic party headed? to the center or to the left? and this sunday join chris matthews for a special airing of his documentary "barack obama: making history." that's this sunday at 6:00 p.m. you're watching "hardball," the place for politics. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. >>> i'm jackie deangelis with your cnbc market wrap. the dow gaining 53 points to finish at a five-year high today. the s&p bu
on record, 7 degrees. there will be differences between the obama 2009 and 2013. four years ago, the crowd estimate was nearly 2 million people. there is a big parlor game about whether the crowd estimates on the mall are ever accurate. but nearly 2 million. now they are saying between 600- to 800,000. and there are a series of other things. and the money. four years ago, the obama administration, the obama campaign raised $53 million for the inaugural with personal contributions, all capped at $50,000 or less and there was disdain expressed by the administration about taking corporate money, et cetera. all of those conditions have been lifted. they are taking corporate monet and $50,000 cap has been lifted and it's smaller. they don't expect to raise $53 million, making it easier to raise, they are saying between $40 to $50. so there is a smaller nature. that's historically consistent. inaugural speeches tend to be over hyped and anti-climactic, and the second one, even more so. >> thanks. >> a look back at the president's first term and a look ahead, when we come back. >> this is fox new
to you. you served with bill clinton 20 years and now with barack obama; tell me the difference. >> governor, i sat through a government shut down with president clinton and impeachment which i voted for and all kines of fights between us and the president and i never thought in my wildest dreams that i would say this, but after four years of barack obama i am nostalgic for bill clinon. >> i have heard a lot of the republicanns say who were in the congress at that time bill clinton understood the art of the governing, congressman stockman, your perspective. you have been there. >> he's treating us like a college professor in the classroom. he lectures and not engaging us . stands back and we submitting the term paper and he puts we don't want it . we guess at what he wants and he doesn't engage. when he was a state senator and senator, he did a vote in present . that's what we feel like we have no leadership in the white house. you look at john boehner who went with proposals and guessed at what we wanted. i wish we had clinton back, too. >> everybody loves clinton now, too. >>
obama inaugural is expected to draw less than a third of the nearly 2 million who came four years ago. [ sirens ] six bridges and free ways this were close lend will be open this time. but a highway tunnel used as a pedestrian access point that became clogged with thousands last time will be closed this year. and officials say they will have more metal detectors in use and advisories on social media hoping to avoid the long lines, some that never moved. >> there's over 500 pole-mounted signs last time that didn't even exist. we have also increased a number of way finders, people giving people direction, telling people where to go. >> reporter: so far, official no, sir no credible throats the ceremonies but they willble out in force, hoping to make sure nothing goes wrong. pete williams, nbc news, washington. >>> as we look ahead to tomorrow, i'm joined here by brian williams. brian, i went back and looked at the president's remarks four years ago, part pep talk and also a lot of talk about the hope, the end to conflict and discord that part didn't work out so well. how does he frame t
president obama's sworn in on monday. >> and different thing than we saw four years ago but really, today, interesting development with this debt ceiling negotiations. you have got, mark, the republicans at their retreat coming out now saying that they want to have a temporary extension, the white house saying essentially this is that same kick the can move that we have seen from lawmakers in washington, d.c. so when you look at the numbers and how the republicans have an all-time low, the president is higher than he's been in his first term as far as approval. how do we jive that in again with this latest battle? we kind of see where the american people sides with likability and doesn't break the stalemates with house republicans. >> it doesn't but, tamron, i think today's development at the very short term is a significant break. president obama talking about breaking the quote/unquote fever of republicans and looking at what they have proposed is taking the battle away from the debt ceiling and moving it to having the senate duke it out over the budget process. of course, this means we
the can if you will, new year's eve, goes down the road, the pluses, it gives obama a little breathing room, especially as he tries to see what congress wants to do with the package of measures to curb gun violence. maybe this little breathing room can let him launch some work on passing immigration reform. >> let me play what house republican whip kevin mccarthy said a short time ago regarding this latest action. >> the senate has never passed a budget. it is the rule and the law that by april 15th you have to so we're saying is, we will extend the debt limit until the time line where you have a budget. a road map. so you stop digging yourself in the hole that we get out of this problem. >> keith, carry reid issued a statement saying it's reassuring to see republicans beginning to back off the threat to hold our economy hostage. if the house can pass a clean debt ceiling increase and meeting the existing obligations we will be happy to consider it. here we are as i said three days before inauguration and it looks like another fight that the republicans are not prepared to it seems to
years ago, i will say in the air and certainly in temperatures of temperature, but certainly the obama administration that hopes maybe coming out of some of the celebration still in the air here they'll start or try to bring the country together. you mentioned that vice-president biden will be going first, in just a few moments, justice sonia sotomayor will swear him in and he and the president will be at arlington national cemetery laying a wreath at the tomb of unknown and in the blue room hine me on the aren't side because the constitution says he needs to be sworn in on january 20th and the ceremonial stuff will happen on the capitol west front tomorrow. some of the celebration started yesterday, a children's inaugural ball the first lady went to along with dr. jill biden and trying to get folks involved this and also the president and first lady participating in a day of service, they participated in a project here, service project here in washington d.c. and they had a lot of cabinet members, the vice-president and others doing that as well and when the president had a chance to
. precisely the same number it was four years ago when president obama was inaugurated the first time. >> neil: what if the co-chairs or whatever they call them, what do they do at the inauguration and how are they showcased or featured, or whatever? >> guest: well, the president's staff will put them in a prom mant place an tell the stories. they want to get the stories out to the local press, where they're from. this is part of the bigger tasks of highlighting the president's accomplishments in the first term. after all, a lot of what the president is going to be doing in the second term, especially when it comes to obamacare is protecting the accomplishment of the first term. in this case, implementing it. it will be used to atact local press and specialized press who cover things like the bail-outs and obamacare to try to draw attention to what the president has done in the last four years. >> neil: other presidents when they have the opportunity, how would they pick folks out of the nation to showcase whatever they're doing? >> guest: they do the same thing. obviously, george w. bush woul
-1/2 war strategy under president obama. given cuts in recent years. >> if we sudply have a crisis in the gulf with iran, if we sudply face a nuclear issue, which forces us to deal with preventative strikes we have a different military spending profile again. >> the u.s. army is preparing to eliminate two of the eight brigades in europe and may cut eight more brigades overall, reducing the army by 80,000 troops. hagel endorsed deep nuclear cuts backing a report by the group global zero calling for 80% reduction in the u.s. nuclear weapons arsenal that could save $100 billion in ten years. >> the problem is if you are going to cut the nuclear forces, and the nuclear stockpile, you to mod earnize it. you have to be absolutely certain that the remaining weapons meet the need and fully reliable. >> karzai says he will secure immunity for the troops to allow them to stay after 2014. the small force proposed means the pentagon will likely have to rely on expensive security contractors. >> bret: jennifer griffin live at the pentagon. thank you. still ahead -- why some of nation's toughest
has waned after four tough economic years. what happened? what is next? >> we gather on this date because we have chosen hope over fear. unity of purpose over conflict and discord. >> president obama swept into the presidency on the wings of change, the pick of an energized electorate, the first african-american president. he started on day one with action on an early promise. his order to close the facility at guantanamo bay in one year. >> is this a separate executive order with respect to how we will dispose of the detainees? >> gitmo remains open almost four years to the day after that signing. >> as he said on the trail in 2008 and 2012, the economy was the job won. >> the bill is passed. >> president obama had big hopes for the $787 billion stimulus bill which squeaked through congress in february of 2009 with just three republicans in the senate and no one in the house of representatives voting for it. >> the most sweeping economic recovery package to our history. i hope this investment will ignite our imagination. >> he was calling for the bailout of automakers, general mo
offer the last couple of years, it president obama has repeatedly gone to people and said, and the white house to send out the e-mails to people, saying, hey, i need you to call your lawmakers, need you to call your senators and tell them how you feel. they're hearing from special interest groups, but not hearing from you. that's exactly the pitch he made the other day on guns and it's what the group is all about. >> megyn: it makes me wonder whether the people on president obama's e-mail list are the people who are likely to call their republican congressmen in the house and say, go with barack obama on gun control. i mean, there's -- a question how effective it will be in terms of just campaigning on an issue as opposed to campaigning to get enthusiasm to back a candidate at the polls, is there not? >> yeah, absolutely. two things about that, there are going to be a number of red, democratic senators in particular in red states up for reelection in 2014, and how does this group handle that? does this group target them? are those votes in the senate, have to get 60 in order to overcome
. obama would love to set the g.o.p. gang years. it's important for them to find new ways to try to advance conservatism. instead of playing defense against the obama agenda here in washington. notwithstanding the defeat to mitt romney last year. the wake of last year's election in 24 states literally half the country, republicans now control not only the governor's offices but both majorities of the two chambers the houses and the senate. it's a big advantage. it's a chance for republicans to play offense at the states. and quietly aggressively next week when they meet in charlotte, north carolina. that's one of the things they are going to be talking about. look to scott walker back in wisconsin from last year as a model. this conference is going to it be a big deal and it's the republican's first attempt to get things in order and move ahead. >> bill: they have to do something because we will be back to the blue moose party because the -- >> -- that's a dated reference. >> i'm sorry. >> so is garb glomplet me and teddy roosevelt on long island we were sculling. when we come ri
instead of being out of work for a year, instead of sitting there waiting, man, i sure hope barack obama gets me my job back in a year. >> megyn: the pell grant, president obama got increased funding for college and i had a pell grant when i was in college and-- maybe the president is he taking too much credit? he got in trouble i don't know how long ago it was, within the past year by altering the bios on the website and went into president reagan's bio, that's like me. it wasn't exactly that, but tieing all the former president's accomplishments to his own and people got upset. don't mess with the bios of the people who preceded you in office and said it was narcissistic, the word that ben just used. does he risk the same accusations? >> look, i deal with politicians every day, i think they're narcissistic and-- >> comes with the territory. >> lunacy, a lot of lunacy in the town. but the policy to use and make illustrations and in this case personification, and human beings who stand for your values. you may not like his values, you may not like him. no question he's saying this is who
out? >> yeah, this could be 100,000 jobs over the next three years as well. michelle obama was right in saying this is absolutely historic. and it goes back to the fact that veterans have a higher unemployment rate than the broader nonveteran population. it was 12% previously, got down to 10% in 2012, but that compares with nonveterans who have an unemployment rate of 7.9%. if it comes through, it could mean 100,000 new jobs at walmart and would be historic. they already employ about 100,000 veterans out of a total work force of 1.4 million. back to you, bill. >> a great story. cnbc's steve sedgwick live in london. >>> shoot us an e-mail why you're awake >>> still ahead, lance armstrong comes clean. big surprise, right? telling oprah how he won his seven tour de france victories. >>> and clarence thomas breaks his silence on the bench after seven long years. it must have been really important. we'll tell you what he had to say. >>> and we'll get a check on weather with the lovely dylan dreyer when "way too early" comes right back. >>> a commercial aircraft, a u
and melissaafrancis. >>> turning now to tes right? we're two weeks from i remind you biggest tax hikes in 20 years. president obama and congressional democrats already want more. take a look at this. >> by closing additional loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way and by doing some additional cuts we can arrive at a package that gets this thing done. melissa: seriously? could we actually be looking at more? is anyone safe? with me, stephen hayes from the weekly standard, and fox news contributor. we have a susan hoff former treasury senior advisor. welcome to all of you. susan sounds like more taxes are on their way. >> president obama has been speaking the entire time about balanced packages. he talked about a $4 trillion target. we have 2 1/2 trillion in the bank right now. we're looking at another 1 1/2 trillion. not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years.
that kids in profferty are getting enough to eat. >> paul: that was president obama monday talking about congressional republicans in the final press conference of his first term. if that performance is any indication for strategy for term number two, what's likely to get done in the next four years? so, do you recognize yourself, jason, in that? >> the public says that the-- their expectations for the next four years are much lower than they were the first time. which i guess is understandable given the second term presidents, that usually happens. what your expectations for a second term. >> socialized medicine is expensive so expect obama to aggressively try and fund his first term agenda in the second term and that means, raising more revenue, more tax hikes. i think that people who make around $100,000 are really rich. you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from libe
, but i would say that two things, first, it's very important that president obama and the secretary of defense have a trust relationship. they're going to go through some difficult times in the next few years. if senator hagel isotology take on a tfk of this magnitude and the president trusts him, i think those are two really important things because it not going to be an easy four years. >> and, general, finally mali, we have a situation now where the troops that we helped are now turning -- they've become islamic rebels. they're fighting against the regime. we are being asked to play some support role perhaps with drones and other roles for the french troops. >> i think we're going to find that the whole world, but particularly africa and the middle east are changing and they're going to keep changing. i think what america has to first do is do our homework. don't be surprised by these very, very complex situations as they evolve. don't be surprised that syria is extraordinarily complex. mali is complex and going to get worse. then we've got to look at each one both individually t
nation" following president obama's approval rating, higher than most of his first year. our latest nbc news/"wall street journal" poll shows the approval rating at 52% but despite the number our first read team notes, quote, the president faces an american public that remains in a funk as the president spends a low-key day at the white house, the new official portrait is unveiled. the president is smiling more but there is a lot more gray and inauguration weekend in washington kicks off tonight with pre-inaugural balls. many of those
details. >> michael: this is all happening less than 48 hours before president obama is sworn in for his second time. an issue that has been largely quiet for the last four years. joining us now for a joining us now for a perspective on the situation is he's the author of "leading from behind: the reluctant president and the advisors who decide for him". he comes to us from washington. richard, welcome inside "the war room." >> thank you. >> michael: i want to -- i want to ask you about the hostage situation. it's focused american attention on an issue that -- you know, that frankly hasn't had its focus for a while. what can you tell us about, you know, what is happening there, and how it affects america? >> well one of the things that this shows is that ignorance is dangerous. the united states ignored afghanistan in the 1990s and we saw what came out of that. we have been ignoring this area of africa for a long time even though morocco has been saying for many years that radical islamic groups have been growing for a while. perhaps the most prominent of t
the first five years. first lady obama called it historic and urged other companies to follow suit. unstu. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> closing bell at the new york stock exchange will ring just about an hou
, president obama held fewer news conferences than george w. bush or bill clinton. over four years the president held 79 such briefings, that is ten fewer than mr. bush and 54 fewer than president clinton. >>> starting this weekend, president obama's limousine will carry license plates with the phrase taxation without representation. it's a protest over the district of colombia not having voting representatives in congress. president clinton used the plates but george w. bush chose to use a different design without the protest phrase. >>> white house is changing the signature threshold from 25,000 to 100,000 for official responses to petitions on the website. not a bad move. it comes after a request that government build a star wars like death star that got enough signatures for an official white house response. >>> and in utah, george burnett, a pro oil activist and small business owner known as the i love drilling guy is using his new smoothy shop to take a stand against liberal spending. he charges liberals $1 more for than conservatives for a 16 ounce smoothy. >> i'm very open
million, and may i note that that was up from the $75.5 million he made a year earlier. so regardless of obama-care he is still making a ton of money. also let's keep in mind that the whole libertarian fiscal policy is oh let's make sure that the government leaves us alone and you can just depend on corporations and people to take care of one another. now, what do you think about that, michael hastings? i can't thing of anything that angers me more than that ridiculous naive notion. >> yeah, if the corporation is taking care of you it's a easy bargain. you pay us $40 and we'll give a checkup. if you don't want the government providing these services, and you don't want to take the responsibility, then you view the world in a free for all and i don't think it's very humane. and i think that's the shocking thing here. the fact that this guy came out and said this whole foods has a very crunchy granola brand to it and people shopping there would be shocked to learn of these views. >> ana: i want to talk to talk about people who seem to be crunchy granola but they're not. urban outfitters
. there is no organization. and so the liberals who now have centralized under barack obama and his people, right colmes is one of those people. you are one of those people and his people have now emerged very very quickly. just remember five years ago republicans were riding high before the the economic collapse with george w. bush reelected for two terms. now, completely opposite. >> there is a lot to what you are saying. a lot of it is also generational. as people are aging out of what you would call traditional. >> bill: five years. >> happens gradually. one day you wake up and say. >> bill: i'm old. >> younger generation doesn't particularly dislike the idea that gays can get married. it's in the libertine. it promotes traditional monday hun nothing -- >> if this were a football the left has all the momentum. >> another thing you said which rings through there is no central figure on the right. >> bill: none. >> mitt romney you said he wasn't conservative enough. i don't think he was anything. he tried to be all things to all people and didn't resonate with anybody on the spectrum. that was the pro
of representatives. and the answer to that question is really in a painting by grace mcdonnell, a 6-year-old sandy hook victim whose dad gave the president a piece of her artwork >> obama: i think about grace. i think about the life that she lived. and the life that lay ahead of her. and most of all, i think about how when it comes to protecting the most vulnerable among us, we must act now. >> jennifer: for grace, this fight is worth waging. and for her this fight may even be worth losing in the short term anyway. because while the president might be able to squeak out an unsatisfying victory a small and ugly bill riddled with loopholes and signifying nothing, perhaps in this instance, the better course is to wage the big fight to stand strong over banning assault rifles. even when you know you're not going to get the votes in congress because it is a noble cause. because it is better to lose with grace than to win ugly. because every day the extremists froth about saddam hussein and king obama and impeachment over a rational ban on assault rifles. they make the case to most everyday americans th
. and that will be done on the biden family bible, same one used by vice president biden four years ago and used throughout his swearings-in as senator. james taylor will sing "america, the beautiful" and president obama will be administered the oath of office. it is done by supreme court justice john roberts and two bibles used this time. first is the lincoln bible, this was used by the president four years ago and same bible used by president lincoln when he was sworn in for the first time in 1861 and that will be on top of the king family bible which has been provided for this ceremony by the king family. kelly clarkson will sing "my country tis of thee" and there will be a poem read. we are excited that richard bla nmp co will be -- blanco will be joining us. reverend louis leon will be overseeing the traditional st. john's service that kicks off the president's day on mopped and will be offering the prayer and beyonce will be singing the national anthem. these historic bibles, and they are symbolic bibles as we head into the 150th anniversary of the emancipation proclamation and with that,
a moment now. we want to show you president obama will begin the second term with much less support than he had four years ago. the president's approval rating is 47 percent . 47 percent disapproving. compared to this time four years ago when his approval rating was 65 percent and only 16 percent disapproved. president obama kicking off three days of celebrating by encouraging people to volunteer. he himself put in work at washington elementary school as part of the national day of service. molly? >> harris we can talk about what the president said in the national day of service. it was a chance for people to look out for each other and work hard on behalf of each other. he said this to the happens of volunteers in the elementary school working to give it a make over. >> as i look around the room, i see friends from all over the country people who have just been great supporters of ours and more importantly, everybody here adults, to children, understand the importance of giving back. >> and the vice-president and his family also participated in the national day of service. they filled care
happened with every sort of other sort of flash point over the last two years is that president obama engaged public opinion. he did it with student loans, he did it with hurricane sandy, he did it with the fiscal cliff. they obviously originated measures in the senate. because the house right now because of that dysfunctional caucus, the republican caucus is incapable of originating anything that has a prayer of becoming law. and that we used that process to basically shake those votes loose. of those individuals who again, i have talked to numbers of republicans privately in the wake of newtown who care about this. you know, there really are people on the other side of my aisle who i think we can work with this on this. and again, common sense measures about making existing laws work which is essentially what the president did today with his executive orders. and looking at orders that those in my district says they can support. limiting the size of clips, strengthening the background check system. these are measures from my own experience they believe and would support. >> thank yo
that was increased with the end of the fiscal cliff talks that we had right at the beginning of the new year, tamron. so, president obama said, look, we have really cut a lot of spending. there's more that he would like to be able to do but that it would be ludicrous to suggest there's no spending cut over the last year and a half. >> let's play the president's answer to the question over who would be blamed if we actually see a shutdown. this is his answer a short time ago. >> i suspect that the american people would blame all of washington for not being able to get the act together. >> ta-da! blame everybody in that town excludeing you, of course, mark. but the reality of the situation is that it would be enough blame to go around. president bringing up medicare and social security, as well. being concerned of what do you cut and who ends up hurt in all of this? what's the likely next step given the reaction from speaker boehner and senator mitch mcconnell minutes after the president's remarks? >> tamron, i mean, most likely we have a brinksmanship and every type of issue there is. president obama
weapon's ban. >> in the first four years of his administration president obama did more to expand handgun ownership. these are normal rational things and you have nothing to fear. >> yes, but he's black. >> stephanie: all right. ollie north on nra news radio. >> it is now going to be done by executive action. >> shocking! >> that's contrary to my understanding of what the constitution is all about. and i think it's contrary and foreign to most of us. when he raise that right hand and take that oath we don't pledge to a political party, to an individual, unlike many other countries around the world. what we have done is we have now decided that one man can decide what is or isn't legal under certain circumstances. >> yeah. >> i think that civil libertarians, and by the way the national rifle association is one of the greatest protectors of civil liberties that has ever existed on the planet earth. >> of course if you have been shot in the face your civil liberties -- >> stephanie: yeah. >> i apologize i called him a convicted felon oliver north -- >> stephanie: was
've seen for four or five years with this complaint about how much protection the obama's get. their vacations are too expensive. tucker carlson's starting a petition saying that the secret service should stop protecting the obamas. it definitely taps into very weird issues and it's not always just about guns. >> now the squeaky wheel tend to get the most attention and thankfully cenk has been a squeaky wheel in this issue. >> the national rifle association has been getting flack for advocateing armed guards in schools. >> the brilliant idea that they had was put more armed guards in school. >> barbara boxer say that's something she has suggested to the vice president. >> america agrees with wayne and the nra. barack obama won't have who sets of rules. armed guards for his rich friends in their elite schools restrictions in gun free schools for ours. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> cenk: eric, did they get me? >> they did. you were one of the vast majority of people who thought-- thought--i don't know but vast majority but huge n
'll be following your reports throughout the day. >>> and can president obama and republicans agree on anything m next four years? virginia's governor bob mcdonnell just back from that house republican retreat in williamsburg, joins us next. >>> former bush speechwriter michael gerskin who crafted both of president bush's inaugural addresses. [ female announceru really getting salon quality... or settling for wannabes? stop compromising! new vidal sassoon pro series. care and styling from the original salon genius, created to let you have it all at an affordable price. new vidal sassoon lets you say no to compromise and yes to very shiny... very silky... very sexy... very you. it's salon genius in a bottle! now in your store. new vidal sassoon pro series. salon genius. brilliantly priced. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. >>> house republicans have spent three days on a retreat in williamsburg, virginia, on getting the party
, as president obama noted yesterday the u.s. economy's actually poised for a good year if only congress can get out of the way. i kind of paraphrased that last part. now that we know we're not going to be minting a trillion dollar coin, we need something different. a bill that would repeal the debt ceiling altogether. it is an idea supported publicly by alan greenspan and times man of the year last year, ben bernanke. it is an idea that could prevent lawmakers from lurching our country from one crisis to the next just to ring out some short-term gain until another republican sits in the oval office. that's why it's probably an idea that this congress has no chance of making law. but joining me now is one of the sponsors of the bill to repeal the debt ceiling altogether, democratic congressman from vermont and a member of the committee on house oversight and government reform, representative peter welch. sir, thank you so much for joining us tonight. >> good to be with you. >> john: right on. let me ask you just for starters, why does the debt ceiling exist in the first place. does it serve any
[ male announcer ] progresso. you gotta taste this soup. >>> one week away from president obama's second inaugural, and all this week we're going to be looking back at great inaugural moments from the past. back in 1993 the 46-year-old bill clinton took the oath of office for the first time. he became the first baby boomer in the white house and told the country that change is not something to fear. >> when our founders boldly declared america's independence to the world and our purposes to the almighty, they knew that america to endure would have to change. not change for change's sake, but change to preserve america's ideals, life, liberty, the pursuit of happiness. though we march to the music of our time, our mission is timeless. each generation of americans must define what it means to be an american. >> well, bill clinton, who had a history of being long-winded, went on to deliver what aides said was the third shortest inaugural address in american history. we'll be right back. both of us actually. our pharmacist recommended it. and that makes me feel pretty good about it. and then
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